Page 2 - ITC Ltd News

HUL, Nestle: FMCG stocks rise up to 7% on GST reforms; analysts weigh

Nifty FMCG rose 2.66 per cent in early deals after the Goods and Services Tax (GST) Council, chaired by Finance Minister Nirmala Sitharaman on Wednesday, simplified the GST structure

Are markets overoptimistic on GST rate overhaul as council meet gets going?

Any disappointment on the rate front, analysts believe, could trigger a knee jerk correction fall in the stocks and sectors that have seen a good run in the last few weeks

Nomura bets on Marico, Tata Consumer, Britannia on hopes of margin boost

Brokerage expects gross-profit-margin (GPM) improvement in Q2FY26 but warns that month-on-month raw-material (RM) upticks could revive price hikes from Q4

FMCG stocks rally: Colgate, GCPL, Dabur surge on GST rate rejig reports

The FMCG index climbed up to 1.7 per cent before easing to trade 1.2 per cent higher at 9:50 AM, while the Nifty50 slipped 0.04 per cent

ITC chief hails PM's reform vision, says GST overhaul to spur growth

ITC Ltd Chairman Sanjiv Puri on Tuesday hailed Prime Minister Narendra Modi's call for next-generation reforms, particularly in the Goods and Services Tax (GST) framework, saying the move will trigger a virtuous cycle of consumption, investment, growth and employment. He said the government's focus on affordability and accessibility of essential items, including food, will provide significant relief to the middle class, micro, small and medium enterprises (MSMEs), and farmers. "The government's resolve to ensure ease of living by enhancing affordability and accessibility of all items meant for daily consumption will benefit the sizeable middle-class population, MSMEs and farmers," Puri said in a statement. A transparent, simplified and growth-oriented tax structure will not only improve competitiveness of enterprises but also promote ease and cost efficiency in doing business, he added. "The proposed measures will enable formalisation of the economy, create a more tax-compliant ...

HUL, Britannia, Nestle gain up to 3%. Is this good time to buy FMCG stocks?

FMCG stocks in demand as government plans big GST rate reforms, marking the second major fiscal stimulus in FY26 after personal income tax cuts with an aim to boost consumption.

ITC seeks CCI nod to acquire ABREL's Century pulp paper biz for ₹3,498 cr

ITC Ltd has sought the CCI's approval to acquire the pulp and paper business of Aditya Birla Real Estate Ltd (ABREL) for Rs 3,498 crore. "The proposed transaction refers to the sale of the target business (paper and pulp manufacturing business of ABREL) to the acquirer (ITC Ltd), as a going concern, in accordance with the business transfer agreement executed between the parties," according to a notice filed with the Competition Commission of India (CCI). Established in 1984 at Lalkuan (Nainital, Uttarakhand), pulp and paper undertaking Century Pulp and Paper (CPP) of ABREL is a well-established player in the Indian Paper industry with an installed capacity of 4.8 lakh metric tonnes per annum. According to ITC and ABRE, the "proposed transaction does not raise any competition concerns within the relevant markets as the market is highly competitive, and will not cause any appreciable adverse effect on competition in the relevant markets", the CCI notice said. In March, ABREL announce

Godfrey Phillips India shrugs off sin tax worries; zooms 17%, hits new high

Godfrey Phillips had delivered robust domestic cigarette sales volume growth in the April to June 2025 quarter (Q1FY26)

ITC, Radico Khaitan, VST: How to trade sin stocks amid GST reforms?

Technical charts show that alcohol and tobacco-related stocks such as ITC, VST Industries and United Spirits seem to be unfavourably placed, and could fall up to 18 per cent from here.

GST reforms: How and where to invest in the stock market? Analysts decode

At the bourses, the consumption-driven theme has played out well thus far in FY26 with the Nifty India Consumption index rising nearly 11 per cent as compared to around 5 per cent rise in Nifty 50

FMCG firms kept Q1 ad spends tight, plan to ramp up in coming quarters

Dabur, Britannia, and Marico cut or rationalised ad spends in Q1 to protect margins but plan higher investments ahead to boost brands, sales, and market presence

ITC vs HUL: Technical charts weigh in favour of this FMCG stock; check why

ITC vs HUL stock: HUL seems technically favourably placed as per the strength shown by the momentum oscillators; the stock also witnessed a 'Golden Crossover' recently, shows the daily chart.

Brokerages remain divided on ITC after Q1 result; check recommendation

ITC Q1 results review: In Q1, ITC's net profit stood at ₹5,244 crore, up 3 per cent year-on-year (Y-o-Y) from ₹5,091.59 crore a year ago

ITC Q1FY26 results: Net profit up 3% at ₹5,244 cr, revenue rises 19.53%

ITC's Q1FY26 performance shows 3% profit growth and 19.53% rise in revenue, driven by strong performances in cigarettes and agri businesses despite rising commodity prices

ITC Q1 FY26 result: Net profit up 3% at ₹5,244 cr; revenue rises 20%

ITC Q1 FY26 result: The company's revenue from operations grew 20 per cent to ₹23,129.35 crore from ₹19,350.08 crore in Q4 FY25

Q1 results today: ITC, Adani Power, Godrej Properties among 96 on Aug 1

Q1 FY26 company results, August 1: Tata Power, LIC Housing Finance, JK Lakshmi Cement, Delhivery, and PC Jeweller will also release their April-June quarter earnings

FMCG shares in focus: HUL, Emami, Godrej Consumer gain up to 4%; here's why

At 11:15 AM; BSE FMCG index, the sole gainer among sectoral indices, was up 1 per cent, as compared to 0.5 per cent decline in the BSE Sensex.

ITC dips 1%, nears near 52-wk low; analysts decode stock's underperformance

In the past six months, ITC stock has underperformed the market by declining 7 per cent, as compared to 6 per cent rally in the BSE Sensex and 0.8 per cent gain in the BSE FMCG index.

LIC portfolio sees Rs 46,000 crore dent in July; RIL biggest value drag

Meanwhile, four IT companies combined - TCS, Infosys, HCL Technologies and Tech Mahindra - have made a dent of ₹15,321 crore in LIC's portfolio thus far in July

Expect progressive improvement in demand, says ITC CMD Sanjiv Puri

Sanjiv Puri, ITC's Chairman and MD, expresses cautious optimism on demand recovery, driven by easing interest rates, better weather conditions, and benign inflation